The following outlines of some of the benefits and services that Legacy Leasing Services, Inc. will provide to you, as our valued client. You can expect us to automatically implement the management services outlined below:

Our Management Services

• We will place our attractive "For Rent" yard sign on your property, (if allowed) prior to any known vacancy, or immediately if you have just listed your rental home with us.
• We will advertise your vacant property on the World Wide Web within our company website at www.LegacyLeases.com
• Our Florida Real Estate licensed property managers will be available to show your property 7 days a week to all prospective renters until your rental home is leased.
• All rental applicants will undergo our thorough screening process which includes a credit report on each adult applicant, a past eviction search of the public records to ensure that the applicant has not been evicted in the preceding 7 years, a verification of applicant's former landlord's references, verification of the applicant's employment and/or income, and a NATIONAL "Criminal Background Check".
• We will lease your property at the asking amount of rent, (as outlined in your management agreement with us) or higher. You can expect that we will not lease your property at a lower amount, without first obtaining your permission.
• Once the rental applicant is approved, we will conduct a "Move-In Inspection” which includes a video and a detailed inspection report of the property to document the condition of the property before the tenants move in.
• Next, we will execute the lease agreement prepared by our attorney. We will give the residents possession of the home after we have trained them on how to properly care for the home as outlined in the lease agreement and our Tenant Handbook.
• You will be notified by our company that your property has been leased. A copy of the lease agreement is available upon request.

Lease Renewals

• We will attempt to renew the current residents at least 60 days prior to the anniversary date of their lease agreement, if they have proven to be abiding tenants.
• We will renew the tenants lease for another year at the same or at a slightly higher amount of rent, if possible. We will not renew the lease at a lower amount, without your permission.
• If the tenants renew, our property manager will conduct an inspection and make any security deposit claims necessary before signing a renewal agreement.
• If the tenants are not renewing, we will place our “For Rent” sign on the property and place the property in our various advertising and marketing sources.
• We will automatically renew the current residents’ lease agreement or re-rent your property to new tenants, unless we have written instructions from you to terminate the agreement.

Property Inspections

• Your property gets the “special treatment” from our property managers. First, we will inspect the interior and exterior of the property to determine that it meets the move in standards.
• The interior and exterior will be photographed and video taped.
• When the property is vacant, we inspect it on a weekly basis.
• When the property is rented, we inspect the interior and exterior many times:

During the Move In Inspection, with the new tenants

Within 30 days of a new lease, we will contact the residents to verbally inquire about the condition of the property.

Within 90 days after the tenants move in, we will conduct an interior review which includes updated color photos and a detailed property condition report.

We will schedule more interior reviews as we see fit during the course of the lease.

Between the 8th and 9th month of the resident’s lease, we will perform another interior review and update our photos and condition of the property.

During this time, we will discuss their intent to renew the lease for another year. If they are not planning of renewing, we will begin to prepare the property for a new tenant.

If the tenants are renewing, we will conduct another property review and make a security deposit claim if necessary.

If the tenants are moving, we will conduct a “Move Out Inspection” which includes a video and a detailed inspection report of the property to document the condition of the property when the tenants move out. This is done to ensure that the residents returned the home back to us in the same condition as when they first rented it. If damage is found, we impose a claim on the tenant’s security deposit as required by the Florida Landlord and Tenant Laws, (F.S. 83). If no damage is found, then we promptly return the security deposit to the former residents.

According to our attorney prepared leases, we reserve the right to inspect the exterior and interior of the property anytime we feel it is necessary.

Rent Collections & Owner Proceeds
At Legacy Leasing Services, we do not tolerate the delinquent payment of rents. We are careful to explain this policy to new residents in order to avoid any misunderstandings that might arise later. You can expect that we will make every effort to collect rents as outlined below:                               

• All rents are due on the 1st of each month and late on the 5th of each month. We attempt to reach the tenants by telephone on the 4th (if a weekday) to remind them of the late payment policy.
• All residents who have not paid by the 10th (if a weekday) of each month will receive our first notice to remind them, a Three Day Notice which is the first step necessary to file an eviction. This paperwork is served on your behalf at no additional cost to you.
• We may file the eviction paperwork to any remaining residents who have not remitted their rents by the 15th (if a weekday).
• Owner funds will be processed and mailed or deposited into your account on or before the 15th (if a weekday) of each month.
• In the event your tenant was late in paying their rent, we will process and disburse owner funds again on or before the 25th (if a weekday) of each month. We do this so you, our valued client, do not have to wait until the next month to receive your money.

Accounting Department
Legacy Leasing Services uses some of the most comprehensive property management software available. It is one of the top property management software tools in the industry. This software will provide you:

• A monthly computerized report showing all income and expenses of your rental property.
• Safe and unlimited access to your statements by logging in to our website and entering your password.
• A year end summary statement for your tax purposes which categorizes and itemizes your annual income and expenses.
• Our accountant can pay all expenses on your behalf from the rent proceeds (except for mortgage payments) and the software will conveniently bundle all of your expenses.
• The software will automatically hold funds in our trust account on your behalf to ensure that adequate funds are available to prepare your home for the next tenants. This protection will ensure a faster turn over and reduce the vacancy period between tenants.

Property Maintenance & Repairs
Rental homes must be properly maintained in order to preserve the value of the property and maintain a positive relationship with the residents. Florida also has laws that require landlords to comply with certain basic maintenance and repair items.

• Legacy Leasing Services will not affect repairs to your property in excess of $200.00, without first obtaining your approval. NOTE: This excludes repairs deemed by manager as emergency repairs or repairs that are required to be effected to bring your property into compliance by law, governmental building, zoning, safety and municipal codes, or the restrictive and protective covenants of your homeowners association or repairs that in managers sole judgment are necessary for the safety of the tenants or your property. Manager shall proceed with these repairs and bring property into compliance, subject to funds being available in property owner’s account.
• We will affect items necessary to improve the property's show-ability to prospective renters. This means quicker lease turn-overs and less vacancy for you. Examples would include: lawn service, carpet cleaning, maid service, pool service, utilities and painting when necessary. In the event that any of these repairs were due to the former rental residents tenancy, you can expect that we will spend all of their security deposit first (not your money) to put your property back into its pre-rented condition.
• We will institute minor maintenance & repair items ($350.00 or less) as requested by rental applicants to secure a lease to quality residents for your rental property. To avoid the possibility of major liability to you we also change the locks between each tenancy.
• During a vacancy period, we will institute minor maintenance & repair items ($200.00 or less) as requested by rental applicants to secure a lease to quality residents for your rental property. To avoid the possibility of major liability to you we also change the locks between each tenancy.
• During the residents tenancy, we will institute minor maintenance & repairs ($200.00 or less) when deemed by us to be necessary for the preservation of your property and/or the continuation of the residents tenancy, usually occurring at the renewal of their lease.
• We will gladly comply with third party service contracts or maintenance warranties if the property owner provides them. Otherwise, the property manager shall assume that none exist.
• We will only use repairmen, vendors and tradesmen that are properly licensed and insured to handle the type of work being performed on your property.
• You will receive copies of the original invoices of all repairmen, vendors and tradesmen employed to affect repairs on your property. These will be scanned and emailed to you at the end of each month.

Communication
Legacy Leasing Services believes that communication is an essential element in a successful property management business. . We go to great lengths to be accessible to our residents and property owners. As our valued client, you can expect us to respond to your phone calls or emails on the same day. We also strive to keep you informed by giving you unlimited access to your monthly statements and invoices. We keep current and accurate records of your property including videos, photos and condition reports and send this information to you to keep you abreast on the most current information. The leasing team at Legacy Leasing Services Inc. is comprised of Florida licensed property managers that are specifically trained in the Florida Landlord and Tenant Law. They are available to answer your questions and advise you on solutions to your management needs.

Being a Landlord doesn’t have to be a hassle. Let the Legacy Team work for you… …

Where your best interest is our priority!